Nitze-Stagen & Company, Inc.

Last week our CEO Sam Spencer had the opportunity to moderate a panel at the U.S. Housing & Community Development Conference in Dallas, Texas alongside the sponsors of high-impact affordable housing projects that are part of portfolio of the AIC CEI-Boulos Opportunity Fund (CEI-Boulos’s partnership with Allivate Impact Capital). Panelists included Peter Nitze, CEO of Nitze-Stagen & Company, Inc. of Seattle, Chris Barnes, CEO of Bread of Life, Inc. of Houston, and Barrett Linburg, Founder/Principal of Savoy Equity Partners of Dallas. We were excited to discuss how high-impact, community-centered affordable housing developments can be financed through public-private partnerships, including bank sponsored, Community Reinvestment Act (CRA)-motivated private investment funds (like the AIC CEI-Boulos Opportunity Fund) as a key component. And how transit-oriented, sustainability focused affordable housing projects can be designed to meet community needs, help address the nation’s housing crisis, and make a positive financial return for investors. A special thank you to our friends Bread of Life Chief Operating Officer Dr. Monique A. Williams Bread and Founder Pastor Rudy Rasmus for the photos and the cheerleading! And thanks to Eric Iravani Executive Director of U.S. Housing & Community Development Conference for inviting us! #AffordableHousing #PublicPrivatePartnership #ImpactInvestment #CRA #OpportunityZone Our partners at Allivate Impact Capital: Noelle St.Clair Lentz, Doug Schaeffer, Daniel Rodrigo Galindo, MBA, Perashina LaMotte. And the entire CEI-Boulos team: Gretchen Ascher, Dasha White, Mark Kaplan, Morris Fisher, Betsy Biemann, Drew Sigfridson, Pat Prout, Jackie Lynds, Stacy Sikes, Jennifer Bisson, Charles Spies, Debby Miller, Nancy Gephart, Sam Spencer, Leah Batt

Nitze-Stagen is excited to be breaking ground on its next wage workforce affordable housing project in Othello, Trace 4001! Bringing 195 Studio, 1-Bedroom and 2-Bedroom apartment homes with rents of 40%-80% AMI to Seattle.

Trace 4001 is anticipated to open in late 2026. For more information about the project and Nitze-Stagen’s affordable workforce housing initiatives, visit https://nitze-stagen.com/

We are fortunate to have such a community-involved Team. Nitze Stagen's Charlie Ekblad, NCARB can be seen here supporting the Seattle Police Department at its Blue Tie Ball.

Nitze-Stagen expands multifamily portfolio in Seattle!

Nitze-Stagen renovated Union Station and its Great Hall, which we are thrilled to share has reopened to the public!

Nitze-Stagen is thrilled to have had its O.Z. Navigator Seattle affordable housing project featured on the cover of the Amazon Housing Equity Fund 2024 Impact Report today as Lisa Nitze and Daniel Gallagher attended Amazon CEO Andy Jassy’s announcement that Amazon will be putting another $1.4Billion into the fund this year. Two of Nitze-Stagen’s O. Z. Navigator Seattle affordable housing projects were funded in the Amazon Housing Equity Fund’s first round last year. https://lnkd.in/gGdRbrtQ  Reply Forward Attendee panel closed

Charles Ekblad of Nitze-Stagen worked alongside more than 40 volunteers in SODO for Mayor Harrell’s One Seattle: Day of Service on May 18. Volunteers picked up trash, cleared out overgrown brush, and swept the sidewalks, and helped prep for SODO BIA’s Green Space Pilot Project along Industrial Way between 4th Ave S and Airport Way S. This will improve the public right of way creating a green space for those that work in the area to enjoy. This portion of the project is adjacent to our building at 660 S. Industrial Way.